Here at ReboReports.com, we strive to provide you with a wide variety of information geared towards helping you succeed in your real estate-related business. In this video, our own Tom Iovenitti helps you take a step back and look at the role of real estate in the overall economy. In particular, he provides an experienced historical perspective on how the sorts of economic indicators you hear about in the news (the Dow Jones, the 10 year bond market, etc.) have had very real impacts on the day-to-day lives and businesses of real estate professionals.
For example, while at first you might think that the ten year bond market is unrelated to the swings and bubbles in real estate, Tom explains how interest rates, and thus buyer behavior, are influenced by bond trends. By taking in a comprehensive picture of the economic environment, you can make clearer and more substantiated predictions about the future of your industry and your business. (Remember, however, that these videos are for general informational purposes, and do not constitute investment advice.)